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Former Philippines steel chief charged with embezzlement

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-11-04 11:13 AM
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Former Philippines steel chief charged with embezzlement
The former head of troubled steel giant Perwaja was charged yesterday with fraud after an eight-year investigation by anti-corruption authorities into Malaysia's biggest financial scandal.

Prosecutors charged Eric Chia with criminal breach of trust for allegedly embezzling 76.4 million ringgit (US$20.1 million) from the Perwaja Rolling Mill and Development steel company in 1994, when he was then managing director.

Chia, 71, who was detained on Monday, pleaded not guilty to the charge and vowed to reporters: "I will fight until the end. I leave it to God to judge."

http://www.taipeitimes.com/News/world/archives/2004/02/11/2003098319

Which is more of a crime?
1. Being a brutal dictator in Iraq
2. Causing millions of children to die in poverty around the world by CEO's and relative politicians stealing/embezzling.
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